The Pierce County Council recently approved the addition of three new members to the Economic Development Corporation of Pierce County (EDCPC) board: Gloria Fletcher, Senior Manager for Real Estate and Economic Development for the Port of Tacoma; David Huang, President of SeaTac Packaging; and Meredith Neal, Economic Director for the City of Puyallup.

The EDCPC offers an affordable financing option for businesses that want to build or expand their manufacturing and processing facilities.

Staffed by the Economic Development Board for Tacoma-Pierce County, the EDCPC a public corporation that issues tax-free Industrial Development Revenue Bonds (IDRBs) for qualified projects anywhere in Pierce County. The EDCPC’s role is to evaluate project proposals, support businesses as they work through the bond process, and advocate for bond approval before the Pierce County Council.

“I’m excited to join the EDCPC board to help companies stay competitive and keep and grow jobs in Pierce County,” Fletcher said. “With interest rates on the rise, low-cost financing options to fund capital projects are more important than ever.”

Additional EDCPC board members include:

• Frank Boykin, Director, Washington Minority Business Development Agency (MBDA)
• Marty Campbell, Pierce County Council
• Bill Dickens, President and CEO, BJNJ
• Becky Newton, Economic Development Manager, City of Lakewood
• Jeff Robinson, Director of Community and Economic Development, City of Tacoma
• Patty Rose, Secretary-Treasurer, Pierce County Central Labor Council

If your business is looking to build or expand its manufacturing or processing facilities and you’re interested in IDRB funding, contact Tamsin Bell, EDB Vice President of Business Development, at tamsin@edbtacomapierce.org or 253.284.5889.